SOURCING PLAN Submitted To: Prof. Swatee Sarangi

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Presentation transcript:

SOURCING PLAN Submitted To: Prof. Swatee Sarangi MHRDM –Sem IV Group No.5 Planners : - Amjad Khan - 20 Money Khanna - 21 Sumith Acharya - 01 Manisha Bhagwanani - 04 Vidya Padmanabhan - 57

Agenda Introduction & HRP Model Organization Process Shared Sourcing Techniques – Internal / External - HCC Effective Sourcing Plan Case Study - Magnetech Vacancy – filling a position – Process flow – NOKIA SIEMENS Best Practices & Challenges Conclusion & Way Forward

Model of Human Resource Planning EXTERNAL ENVIRONMENT Culture, Structure INTERNAL ENVIRONMENT Activities, Processes Business strategy Business Plans HRP: Matching supply to demand Current inventory Manpower Demand Manpower supply Technology, Competition, Politics, Economy Labour Market, Education output wastage Re-sourcing strategy Actions Internal Deployment, severance, training External Outsourcing, recruitment

Staffing Organizations Model Vision and Mission Goals and Objectives Organization Strategy HR and Staffing Strategy Staffing Policies and Programs Support Activities Core Staffing Activities Legal compliance Recruitment: External, internal Planning Selection: Measurement, external, internal Job analysis Employment: Decision making, final match Staffing System and Retention Management

Stats : Sources Of Hiring 2009

Recruitment Process

Recruitment Process

Recruitment Sources

Process Flow – Transfer (Internal Resource)

Transfer (Con.)

Process Flow – Advertisement (External Resource)

Advertisement (Con.)

Advertisement (Con.)

Factors Effecting Sourcing Plan Net Manpower Requirement Demand Forcasting Supply Forcasting NMR = Demand - Supply Manpower Budgeting

Case Study Specalist In : Industrial Magnets & Electric Motors Company : Magnetech Industrial Services Specalist In : Industrial Magnets & Electric Motors Goal : Increase Revenue To $100 million by 2007 Demand : Triple The Existing Work Force Inventory : 80% of Existing Work Growing Older Challenge : Find Skilled Work Force Solution : In House Apprentice Training Program

Filling Up A Vacancy

Identifying Model’s for Off Roll Hiring

Identify Model In (Preferred Partner) Hiring

Best Practices towards Successful Hiring Job specification Recruit diversity Selection Job-related interviews Multiple interviewers Background screening

Today’s Challenges Skill shortages Obsolete resumes Rise of Employer Branding ( company to career) Career networking Contract workers Part-time workers

“ That is what learning is “ That is what learning is. You suddenly understand something you've understood all your life, but in a new way.” - Doris Lessing THANK ‘U’